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  • weekly_digest (168)
Displaying 101 - 125 of 168
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RI Approves SBIR Matching Funds Program, Passes Transparency Bill for Economic Development

Wednesday, July 10, 2013

A three-year effort to implement an SBIR state matching funds program gained enough traction this legislative session to win support from Rhode Island lawmakers. The measure was spearheaded by a group of leaders from 24 life science companies who advocated for a statewide program to encourage small business R&D and commercialization. Lawmakers appropriated $500,000 for the effort in FY14. Adding a workforce development component to the measure, a new bioscience and engineering internship also will be established to enhance the state's talent pipeline.

  • Read more about RI Approves SBIR Matching Funds Program, Passes Transparency Bill for Economic Development

MN, ND, NE, RI Sponsor Internship Programs to Build Relationships Between Employers, Students

Wednesday, July 17, 2013

During this year’s legislative sessions, several states looked toward creating, providing support for or redesigning programs that help incentivize businesses to hire and mentor student interns. In an effort to spur rural internships, Minnesota lawmakers approved a new tax credit program to support internships for students in greater Minnesota. In North Dakota, lawmakers committed $1.5 million to their Operation Intern program, while Nebraska lawmakers updated their Intern Nebraska grant program to provide students with a high-quality internship experience. Rhode Island Gov.

  • Read more about MN, ND, NE, RI Sponsor Internship Programs to Build Relationships Between Employers, Students

States Target Research, Commercialization for Economic Growth

Wednesday, July 17, 2013

A continued trend toward improved fiscal conditions gave rise to targeted and riskier investments in research for several states this legislative session. In particular, lawmakers dedicated funds for life sciences research and for initiatives aimed at commercialization through partnerships with higher education and the private sector. Other states dedicated additional funds to expand promising research and technology-focused initiatives already underway.

  • Read more about States Target Research, Commercialization for Economic Growth

SSTI Examines Trends in Innovation Policy from the State Legislatures

Wednesday, July 17, 2013

As many state legislative sessions wind down, a clearer picture of the current direction of state innovation policies is emerging. This week’s SSTI Weekly Digest presents a few of the major trends in technology-based economic development initiatives approved by state legislatures during their most recent sessions. While this review is not meant to be comprehensive, it should illuminate the shifts states are making to refine their investments in the high-tech economy by providing smarter, more targeted support.

  • Read more about SSTI Examines Trends in Innovation Policy from the State Legislatures

Consortium Steps in To Help Launch Rhode Island Startups

Wednesday, October 24, 2012

Building on a previous statewide initiative to boost technology entrepreneurship, a group of Rhode Island organizations have combined resources to launch a new effort called the Founders League. The idea is to assemble a treasure trove of support from universities, a mentorship-driven accelerator, and the Chamber of Commerce to provide resources and connections for established and aspiring entrepreneurs.

  • Read more about Consortium Steps in To Help Launch Rhode Island Startups

Rhode Island Improves Economic Strength in Second Annual Benchmark Study

Wednesday, November 14, 2012

Rhode Island has released its 2012 Benchmarking the Rhode Island Knowledge Economy, a follow-up to the inaugural report published last year. Produced by the Greater Providence Chamber of Commerce and Rhode Island Science & Technology Advisory Council, Benchmarking is a comprehensive report of the state's innovation capacity and a method of measuring over time Rhode Island's innovation economy in comparison to the region and the country.

  • Read more about Rhode Island Improves Economic Strength in Second Annual Benchmark Study

TBED People & Orgs

Wednesday, December 12, 2012

Gov. Lincoln Chafee has nominated Deputy Director William Parsons to lead the Rhode Island Economic Development Corporation.

Gov. Rick Perry has appointed J. Bruce Bugg, Jr. as president and chairman of the Texas Economic Development Corp.

Gov.-elect Steve Bullock tapped Meg O'Leary to be the Montana Commerce Department director.

  • Read more about TBED People & Orgs

Tech Talkin' Govs: Part II

Wednesday, January 16, 2013

The second installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Colorado, Nebraska, Nevada, Rhode Island, South Dakota, Vermont, Washington, and Wisconsin. Our first installment was in the Jan. 9 Digest.

  • Read more about Tech Talkin' Govs: Part II

NY Gov Proposes Continued Support for Upstate Economies; ID, IA Govs Pitch Workforce Efforts

Friday, January 15, 2016

With the start of the new year, many governors around the country have begun laying out priorities for the next legislative session. In the coming weeks, SSTI will review gubernatorial addresses and budget proposals related to economic development. This week, we highlight developments in Idaho, Iowa and New York.

  • Read more about NY Gov Proposes Continued Support for Upstate Economies; ID, IA Govs Pitch Workforce Efforts

Heartland Metros Launch Collaborative Economic Initiative

Thursday, January 21, 2016

Leaders in Des Moines, Kansas City, Omaha and St. Louis have teamed up to leverage their respective resources and help build an economic mega-region in the center of the country. The Heartland Civic Collaborative will focus on four main areas of opportunity: transportation, federal advocacy, life science and entrepreneurship. In the coming months, the collaborative plans to begin work on an entrepreneurial metrics dashboard for the participating metros and a map of life sciences research assets.

  • Read more about Heartland Metros Launch Collaborative Economic Initiative

Iowa Gov Signs Bill to Support 21st Century, College-Educated Workforce

Thursday, June 2, 2016

In an effort to prepare students for post-secondary education that meets the needs of key state industries, Iowa Gov. Terry Brandstad signed HF 2392 into law on May 26. The new law will attempt to modernize Iowa’s career technical education system as well as increase the number of Iowans with a post-secondary education by helping eighth-grade students develop career and academic plans with an emphasis on work-based training; establishing regional partnerships to help schools provide career technical education; and, expanding career technical education to include new areas in key state industries.

  • Read more about Iowa Gov Signs Bill to Support 21st Century, College-Educated Workforce

KY Launches Public-Private Broadband Initiative, IA Plan Again Faces Uncertainty

Wednesday, January 7, 2015

Kentucky Governor Steve Beshear announced the creation a new public-private partnership to support the development of a statewide, fiber broadband infrastructure with a focus on supporting economic and social prosperity across the commonwealth. The ambitious initiative would provide the entire state with high-speed internet – with the first components scheduled to be operational in less than two years. When completed, the more than 3,000 miles of fiber will be in place across the state.

  • Read more about KY Launches Public-Private Broadband Initiative, IA Plan Again Faces Uncertainty

State Budgets Target Investments in Workforce, Higher Education

Thursday, January 15, 2015

As governors around the country begin their newest terms, their proposed budgets are beginning to take shape. Although few governors specifically target technology based economic development, after the first wave of budgets a variety of initiatives related to workforce development and higher education have garnered support.

  • Read more about State Budgets Target Investments in Workforce, Higher Education

RI Governor’s Proposed FY 2016 Budget Emphasizes Innovation

Thursday, March 19, 2015

Late last week, Rhode Island Gov. Gina Raimondo’s released her proposed $8.6 billion FY2016 budget proposal.   The budget focuses on three guiding principles: building skills, attracting entrepreneurs and investment, and fostering innovation.

  • Read more about RI Governor’s Proposed FY 2016 Budget Emphasizes Innovation

MA, RI Govs Announce Strategies for State Innovation Economies

Thursday, November 19, 2015

Governors in Massachusetts and Rhode Island have released details about their plans to boost innovative businesses in their respective states. Massachusetts Gov. Charlie Baker offered a strategic plan to guide his administration’s economic development efforts, with an emphasis placed on fostering a culture of innovation and entrepreneurship. Rhode Island Gov. Gina Raimondo announced the launch of three new incentive programs aimed at research-driven companies.

  • Read more about MA, RI Govs Announce Strategies for State Innovation Economies

NGA Launches Pilot Program in Six States to Prepare Teens, Millennials for Middle-Skill, STEM Careers

Thursday, December 17, 2015

The National Governors Association’s (NGA) Center for Best Practices launched the 2016 Policy Academy on Scaling Work-Based Learning – a pilot program in six states that blends work experience and applied learning to develop youth and young adults’ foundational and technical skills to expand their education, career and employment opportunities. The goal of the program is to connect 16- to 29-year-olds with middle-skills career opportunities in STEM-intensive industries such as advanced manufacturing, health care, information technology and energy.

  • Read more about NGA Launches Pilot Program in Six States to Prepare Teens, Millennials for Middle-Skill, STEM Careers

RI Gov Backs $51M Plan to Jumpstart State’s Innovation Economy

Thursday, February 11, 2016

Last week, Rhode Island Gov. Gina Raimondo proposed more than $51 million in investments focused on reinvigorating the state’s economy through innovative industries with the release of her fiscal year 2017 budget request.

  • Read more about RI Gov Backs $51M Plan to Jumpstart State’s Innovation Economy

Budget Update: FL Gov Vetoes $461M, RI Approves $100M for Economic Development

Thursday, June 25, 2015

Over the past few months, SSTI has followed proposals issued by governors in their budget requests, State of the State Addresses, Inaugural Speeches and other events. Now that many governors have signed spending bills, the SSTI Digest will check on the status of these proposals, and examine the state of technology-based economic development funding in the states. This week, we review actions in Florida and Rhode Island.

  • Read more about Budget Update: FL Gov Vetoes $461M, RI Approves $100M for Economic Development

Budget Update: Education Spending Vetoed in IA, Stable in CA, OH

Thursday, July 23, 2015

Now that many governors have signed spending bills and legislative sessions are drawing to a close, the SSTI Digest will check on the status of proposals related to the innovation economy, and examine the state of technology-based economic development funding in the states. This week, we review spending bills in California, Iowa, Ohio and New Jersey.

  • Read more about Budget Update: Education Spending Vetoed in IA, Stable in CA, OH

States’ fiscal picture improves with growing economy

Thursday, August 16, 2018

The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.

The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.

Most states ended their fiscal year with a surplus and continue to recover from the Great Recession, with a growing economy and job gains. However, they face continuing demands on their budgets, with expanded Medicaid payments and the growing opioid crisis confronting nearly every state. Such decisions affect the state’s ability to fund innovation efforts, from the amount of support available for higher education and STEM programs, to funding for entrepreneurship, and forging public private partnerships to strengthen innovation programming that the private sector cannot fully support.

Our analysis found that some states that rely on the energy sector to fund their spending priorities continue to struggle, while others are already factoring in anticipated revenues as a result of new Supreme Court rulings involving gaming and online sales tax collections.

  • Read more about States’ fiscal picture improves with growing economy

Key ballot initiatives to impact state futures

Thursday, November 1, 2018

SSTI has reviewed the ballot initiatives across the country that affect innovation. Several states have energy initiatives on their ballots, while higher education funding is at play in Maine, Montana, New Jersey and Rhode Island. Utah could become only the second state to fund its schools through gas taxes, if a measure there is passed. At the same time, four states have ballot issues addressing redistricting commissions which could have a significant impact on state legislative makeup when lines are redrawn after the 2020 census.

 

Arizona

SSTI has reviewed the ballot initiatives across the country that affect innovation. Several states have energy initiatives on their ballots, while higher education funding is at play in Maine, Montana, New Jersey and Rhode Island. Utah could become only the second state to fund its schools through gas taxes, if a measure there is passed. At the same time, four states have ballot issues addressing redistricting commissions which could have a significant impact on state legislative makeup when lines are redrawn after the 2020 census.

  • Read more about Key ballot initiatives to impact state futures

Facing deindustrialization, smaller regions turn to innovation, workforce development

Thursday, May 11, 2017

In a recent Digest article, SSTI covered research highlighting the oversized role that offshoring multinationals had in manufacturing employment decline from 1983 to 2011. During this time, deindustrialization and manufacturing unemployment had a profound impact on community approaches to economic development.

  • Read more about Facing deindustrialization, smaller regions turn to innovation, workforce development

Economic and Education Ballot Measures Get Mixed Results

Thursday, November 10, 2016

Bond issues supporting higher education goals got mixed results in Tuesday’s election. A bond issue in Rhode Island to be used for the renovation and construction of the University of Rhode Island’s College of Engineering buildings was a winner in this year’s election, receiving 59.3 percent approval. The bond issue that would have created the Montana Biomedical Research Authority was not as lucky, with 56.9 percent of voters there rejecting the measure.

  • Read more about Economic and Education Ballot Measures Get Mixed Results

Government innovation offices popping up

Thursday, March 30, 2017

Government offices focused on innovation have been around for several years, yet some states and even the federal government are seeking new ways to incorporate the concept into their offices. This week the White House announced a new Office of American Innovation, while earlier this month Rhode Island used its Office of Innovation to launch a new effort called the Government Innovation League, and in January Ohio’s governor proposed funding a new state office focused on innovation, emerging technologies and their job-creation potential.

  • Read more about Government innovation offices popping up

IA, ND, NY state budgets hit and miss on innovation funding

Thursday, May 11, 2017

SSTI continues its reporting on actions taken by state legislatures to invest in economic growth through science, technology, innovation and entrepreneurship. This week, we look at the budgets passed and signed by governors in Iowa, New York and North Dakota, finding mostly level and some increased funding for innovation programs in Iowa and New York – including free tuition at in-state colleges for qualifying residents – while North Dakota is looking at decreased funding for programs.

  • Read more about IA, ND, NY state budgets hit and miss on innovation funding

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